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The Euro and the British Pound may face selling pressure in the coming session as the UK unemployment rate rises to the highest in nearly 12 years while Euro Zone inflation shrinks for the first time since the creation of the single currency in 1991. May’s Swiss Retail Sales report is also on tap. Key Overnight Developments • Australia’s Leading Economic Index Falls For the First Time Since February • Bank of Japan Keeps Rates at 0.10% But Cuts GDP Growth Forecast, Extends QE • Euro, British Pound Rise Against US Dollar on Overnight Stock Gains Critical Levels The Euro traded higher in the overnight session, adding 0.2% against the US Dollar.